SharkNinja, Inc.

SN Consumer Cyclical Furnishings Fixtures & Appliances

SharkNinja, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.4 billion, up 15.7% from fiscal 2024.

Revenue
+22.2%
EPS
−7.07%
Free cash flow
+1,132.5%
Total debt
−5.21%

Quarter to June 2026, against a year earlier

223.18 12.59 +5.98%
Market cap
$29.7B
P/E
42.6×
Fwd P/E
34.3×
Dividend yield
—
F-score
6/9
Altman Z
6.14
Beneish M
−2.20
Dividend safety
n/a

SharkNinja, Inc. (SN) Earnings & Analysis

Updated · Covers results through Q2 FY2026 · How this is made

Latest quarter

SharkNinja reported Q2 FY2026 revenue of $1.8 billion, above the consensus estimate of $1.6 billion. Adjusted earnings per share were $1.26, compared with the consensus estimate of $1.10. Revenue rose 22.2% from a year earlier, while diluted earnings per share fell to $0.92 from $0.98.

The company’s filing attributed sales growth to all four major appliance categories. It said cooking and beverage sales grew with demand for the Ninja Luxe Café espresso machine and Ninja Crispi, while skincare and fans helped beauty and home environment sales grow. International sales grew as the company expanded core categories into new markets, according to the filing.

Gross margin fell to 48.7% from 49.0%, which the company attributed primarily to US tariffs, unfavorable currency movements and increased retailer activations. SharkNinja said cost optimization and changes in its category and channel mix partly offset those pressures. Operating margin fell to 10.2% from 11.7%. Free cash flow was $378.8 million, compared with −$36.7 million a year earlier.

Q2 FY2026 Q2 FY2025 Change
Revenue $1.8 billion $1.4 billion 22.2%
Diluted EPS $0.92 $0.98 −6.12%
Gross margin 48.7% 49.0% −0.3 percentage points
Operating margin 10.2% 11.7% −1.5 percentage points
Free cash flow $378.8 million −$36.7 million —
Against the consensus Reported Consensus Result
Adjusted EPS $1.26 $1.10 Beat by 14.5%
Revenue $1.8 billion $1.6 billion Beat by 7.70%

Adjusted EPS is the figure the consensus estimates, not the GAAP EPS above.

What management said on the call

The latest earnings call is not available, so management’s call commentary and analysts’ questions cannot be reported.

Guidance

SharkNinja raised its FY2026 net sales growth outlook to 16.0% to 17.0% from its previous forecast. The company also raised its forecast for adjusted net income per diluted share to $6.45 to $6.55 and increased its adjusted EBITDA outlook.

Metric For Guide Previous guide Change
Capex FY2026 $190.0 million–$210.0 million — New
Tax rate, GAAP FY2026 22.0%–23.0% — New
EBITDA, non-GAAP FY2026 $1.4 billion–$1.4 billion — New
EPS, non-GAAP FY2026 $6.45–$6.55 — New
Revenue growth FY2026 16.0%–17.0% — New